Title
by Americanbulls.com LLC
Last Update
19/08/2019
XAUGBP
GOLD / BRITISH POUND STERLING
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
1,232.5000
Change:
-12.8100
Percent change
-1.03%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1,245.3100, and our valid average selling price stands now at 1,242.2100. The previous BUY signal was issued on 29/07/2019, 21 days ago, when the currency rate was 1,147.9900. Since then XAUGBP has risen by +8.21%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
19/08/20191,242.2100SELL $29,950
29/07/20191,147.9900BUY $22,587
23/07/20191,138.7200SELL $22,597
03/07/20191,128.1100BUY $22,643
01/07/20191,106.9500SELL $22,653
13/06/20191,053.1000BUY $17,769
11/06/20191,042.5600SELL $17,779
27/05/20191,013.6000BUY $14,493
17/05/20191,003.8200SELL $14,503
07/05/2019979.7300BUY $14,794
30/04/2019986.4300SELL $14,804
22/04/2019981.5100BUY $13,894
11/04/2019995.8250SELL $13,904
04/04/2019987.8900BUY $13,254
13/03/2019981.0300SHORT $12,055
08/03/2019984.7500BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$10/day
† Short Swap: -US$3/day
Date 
Price 
Signal 
 
$10K ⇨ 
19/08/20191,242.2100SELL $39,000
29/07/20191,147.9900BUY $31,637
23/07/20191,138.7200SELL $31,647
03/07/20191,128.1100BUY $31,693
01/07/20191,106.9500SELL $31,703
13/06/20191,053.1000BUY $26,819
11/06/20191,042.5600SELL $26,829
27/05/20191,013.6000BUY $23,543
17/05/20191,003.8200SELL $23,553
07/05/2019979.7300BUY $23,844
30/04/2019986.4300SELL $23,854
22/04/2019981.5100BUY $22,944
11/04/2019995.8250SELL $22,954
04/04/2019987.8900BUY $22,304
13/03/2019981.0300SHORT $21,105
08/03/2019984.7500BUY $19,040
21/02/20191,021.8200SELL $19,050
08/02/20191,013.7200BUY $17,404
04/02/20191,005.6800SELL $17,414
25/01/2019983.4450BUY $16,403
07/01/20191,007.9000SELL $16,413
17/12/2018986.2000BUY $12,882
13/12/2018984.5500SELL $12,892
10/12/2018981.1100BUY $11,781
06/12/2018968.9150SELL $11,791
04/12/2018968.1600BUY $11,213
28/11/2018951.7300SELL $11,223
15/11/2018933.0200BUY $8,805
31/10/2018958.2100SELL $8,815
11/10/2018908.1400BUY $6,976
05/10/2018917.5450SELL $6,986
02/10/2018916.2100BUY $5,731
27/09/2018905.3800SHORT $6,161
21/09/2018916.5900BUY $7,344
14/09/2018914.9100SHORT $7,639
12/09/2018921.1850BUY $8,177
07/09/2018925.0300SHORT $8,755
27/08/2018939.1100BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$10/day
† Short Swap: -US$3/day
Date 
Price 
Signal 
 
$10K ⇨ 
19/08/20191,242.2100SELL $46,896
29/07/20191,147.9900BUY $39,533
23/07/20191,138.7200SELL $39,543
03/07/20191,128.1100BUY $39,589
01/07/20191,106.9500SELL $39,599
13/06/20191,053.1000BUY $34,715
11/06/20191,042.5600SELL $34,725
27/05/20191,013.6000BUY $31,439
17/05/20191,003.8200SELL $31,449
07/05/2019979.7300BUY $31,740
30/04/2019986.4300SELL $31,750
22/04/2019981.5100BUY $30,840
11/04/2019995.8250SELL $30,850
04/04/2019987.8900BUY $30,200
13/03/2019981.0300SHORT $29,001
08/03/2019984.7500BUY $26,936
21/02/20191,021.8200SELL $26,946
08/02/20191,013.7200BUY $25,300
04/02/20191,005.6800SELL $25,310
25/01/2019983.4450BUY $24,299
07/01/20191,007.9000SELL $24,309
17/12/2018986.2000BUY $20,778
13/12/2018984.5500SELL $20,788
10/12/2018981.1100BUY $19,677
06/12/2018968.9150SELL $19,687
04/12/2018968.1600BUY $19,109
28/11/2018951.7300SELL $19,119
15/11/2018933.0200BUY $16,701
31/10/2018958.2100SELL $16,711
11/10/2018908.1400BUY $14,872
05/10/2018917.5450SELL $14,882
02/10/2018916.2100BUY $13,627
27/09/2018905.3800SHORT $14,057
21/09/2018916.5900BUY $15,240
14/09/2018914.9100SHORT $15,535
12/09/2018921.1850BUY $16,073
07/09/2018925.0300SHORT $16,651
27/08/2018939.1100BUY $17,886
15/08/2018933.0700SELL $17,896
03/08/2018931.6300BUY $20,069
11/07/2018943.9900SHORT $17,336
04/07/2018949.2200BUY $18,075
20/06/2018964.5050SHORT $16,977
14/06/2018972.8800BUY $18,480
28/05/2018975.1000SELL $18,490
21/05/2018959.5600BUY $17,734
14/05/2018970.9900SELL $17,744
18/04/2018943.7500BUY $19,414
16/04/2018940.9600SHORT $18,796
11/04/2018948.8600BUY $18,513
28/03/2018946.6350SHORT $19,514
22/03/2018942.3200BUY $19,175
12/03/2018952.3400SELL $19,185
02/03/2018957.5400BUY $18,946
20/02/2018958.5500SELL $18,956
13/02/2018956.3100BUY $17,947
08/02/2018948.1700SHORT $18,684
05/02/2018954.3300BUY $19,658
18/01/2018957.2800SELL $19,668
11/01/2018975.7100BUY $18,960
09/01/2018971.2400SELL $18,970
15/12/2017936.2800BUY $13,443
15/11/2017969.9900SELL $13,453
09/11/2017977.1100BUY $14,019
07/11/2017968.2150SHORT $14,839
02/11/2017962.7800BUY $13,458
17/10/2017975.3700SELL $13,468
04/10/2017960.7100BUY $12,303
27/09/2017959.9600SHORT $11,358
25/09/2017962.0600BUY $12,178
06/09/20171,025.6000SELL $12,188
29/08/20171,013.3100BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: +US$10/day
† Short Swap: -US$3/day

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